David Schwartz answered a CTO emeritus jab with an XRP Ledger poem covering 
payments, custody, tokenization, DeFi and his 15-year role on X.

David Schwartz answered a CTO emeritus jab with an XRP Ledger poem covering payments, custody, tokenization, DeFi and his 15-year role on X.

Ripple’s David Schwartz explains his XRPL role in verse

This initiative could accelerate mainstream crypto adoption, influencing 
financial institutions to integrate digital assets with traditional banking.
The post SBI Holdings unit to let depositors earn Bitcoin, Ether or XRP on top 
of yen interest appeared first on Crypto Briefing.

This initiative could accelerate mainstream crypto adoption, influencing financial institutions to integrate digital assets with traditional banking. The post SBI Holdings unit to let depositors earn Bitcoin, Ether or XRP on top of yen interest appeared first on Crypto Briefing.

SBI Holdings unit to let depositors earn Bitcoin, Ether or XRP on top of yen interest

Bitcoin’s crash over the weekend has brought the $60,000 level back into the 
market conversation, but crypto analyst Merlijn The Trader believes the real 
opportunity may come at a lower price. Technical analysis comparing the 
current Bitcoin structure with the 2022 Wyckoff accumulation phase shows that 
buying the current bounce would be a costly mistake because the real 
accumulation window has not even opened yet. Bitcoin’s Wyckoff Setup Points 
Below $60,000 To understand where Merlijn The Trader believes Bitcoin is 
headed, it helps to understand where it has been. Merlijn’s analysis is built 
around the Wyckoff accumulation model, using Bitcoin’s 2022 bottoming 
structure as the reference point. Back in that cycle, Bitcoin formed a spring 
around $15,500, recovered into the $23,000 region, where eager buyers rushed 
in, believing the worst was over. However, it was not. The price action then 
delivered a secondary wave of selling that crushed late buyers before the 
genuine markup phase began. Related Reading: Analyst Charts Ethereum Long-Term 
Roadmap To $16,000 – There’s No Need To Panic The analyst believes the 2026 
structure is developing in a similar way. His chart shows Bitcoin currently 
trading around the same stage where the market previously moved through a sign 
of strength, lost momentum, and later dropped into the spring phase. The 
important message is that any bounce from the current region may not be the 
point where traders should become aggressive on their buying. Another 
important message from the analysis is that the $60,000 level may be 
misleading. Bitcoin fell below that level during the recent selloff, and it is 
important as a support because it is close to the 200-week moving average. 
Bitcoin Price Chart. Source: @MerlijnTrader On X The DCA Zone That Could 
Matter Most The Wyckoff setup by Merlijn identifies five phases: Phase A stops 
the downtrend via a selling climax, Phase B builds the cause as institutions 
accumulate within the range, Phase C delivers the spring, which is a final 
shakeout below support, Phase D marks up within the range with a last point of 
support and a sign of strength, and Phase E is the breakout and uptrend. 
Related Reading: Bad News For Bitcoin: Historical Lows Show The Bottom 
Actually Lies Below $30,000 Merlijn&#8217;s chart places Bitcoin inside this 
structure in 2026, with the Spring phase still ahead. The analyst’s projection 
is that a Spring to $50,000 is incoming, followed by a bounce rally to the 
$65,000-$70,000 range. That bounce, he warns, will once again lure in bulls 
who will buy into what appears to be a recovery, the same trap that caught 
investors in 2023. Merlijn places Bitcoin’s dollar-cost averaging zone between 
$48,000 and $59,000. This range is the part of the chart where he expects the 
better long-term entries to appear. Therefore patience is required, and the 
conclusion is that the best time to begin buying Bitcoin may come when fear is 
strongest inside the $48,000 to $59,000 range, not when it produces its first 
bounce back above $70,000. At the time of writing, Bitcoin is trading at 
$62,891.

Bitcoin’s crash over the weekend has brought the $60,000 level back into the market conversation, but crypto analyst Merlijn The Trader believes the real opportunity may come at a lower price. Technical analysis comparing the current Bitcoin structure with the 2022 Wyckoff accumulation phase shows that buying the current bounce would be a costly mistake &#8230;

Not $60,000: Analyst Reveals The Best Time To Actually Start Buying Bitcoin

Morpho, a decentralized lending protocol operating on Ethereum, HyperEVM, and 
other blockchains currently holding $6.6 billion in total value locked, has 
raised $175 million in a funding round led by Paradigm, Ribbit Capital, and 
Andreessen Horowitz&#8217;s digital assets arm a16z crypto — valuing the protocol at 
up to $2 billion and positioning it for an eventual public debut as its 
founders set their sights on bringing Wall Street&#8217;s most traditional 
institutions into DeFi, according to Fortune&#8217;s report published June 9. 
Related Reading: The XRP Dream Has Changed: Why A Rally To $10 Could Happen 
Despite Disappointment The round also drew participation from Apollo Funds, 
Circle&#8217;s venture unit, and VanEck — a coalition of backers that spans crypto- 
native venture capital, traditional asset management, and institutional 
finance simultaneously. The investment was structured in cryptocurrency and 
priced at the token&#8217;s average monthly price, with the exact cost varying by 
when participants contributed, per Fortune&#8217;s reporting of co-founder Paul 
Frambot&#8217;s account. ETH&#8217;s price trends to the downside on the daily chart. 
Source: ETHUSD on Tradingview The 25-Year-Old Taking On TradFi Frambot, who is 
25 years old and founded Morpho at 20 alongside three fellow French co- 
founders — Merlin Egalite, Julien Thomas, and Mathis Gontier Delaunay — framed 
the fundraise with characteristic directness in his conversation with Fortune. 
&#8220;I think TradFi is going to have to wear shorts,&#8221; he told the publication — a 
reference to the cultural gap between crypto&#8217;s hoodie-and-shorts developer 
community and the suit-wearing institutions he is now actively courting. His 
pitch to those institutions is grounded in yield. Morpho allows any user to 
create their own blockchain-based lending markets with customizable risk 
parameters — effectively enabling anyone to build their own version of Aave, 
the incumbent DeFi lender that currently holds nearly $12.5 billion in TVL, 
per Fortune&#8217;s citing of DeFiLlama data. Morpho&#8217;s $6.6 billion positions it as 
the clear second-largest player in the decentralized lending space, a gap that 
has narrowed considerably after Aave&#8217;s significant exposure to a $290 million 
hack of other crypto protocols in April 2026, per Fortune. Ethereum And Crypto 
DeFi: The Institutions Already Inside Morpho&#8217;s existing user base signals the 
institutional crossover is already underway. Coinbase, Kraken, Anchorage 
Digital, and Galaxy Digital all use Morpho&#8217;s infrastructure, per Fortune&#8217;s 
reporting. Guy Wuollet, general partner at a16z crypto, described the moment 
to Fortune as one where traditional finance professionals may need casual 
Fridays while DeFi builders dress up ever so slightly — a convergence he views 
as the natural direction of an industry increasingly operating in lockstep 
with institutional capital. Frambot himself recently attended an event at the 
New York Stock Exchange — and wore trousers. This development marks a pivotal 
moment for the nascent sector&#8217;s relationship with mainstream venture capital 
and traditional finance. Related Reading: Citrini Research Puts Hyperliquid On 
Wall Street’s Crypto Radar A $175 million raise from three of the most 
prominent names in both crypto, Ethereum, and conventional investing — 
targeting the same Wall Street institutions that have spent two years 
cautiously circling DeFi — is the clearest signal yet that decentralized 
lending is no longer a crypto-insider experiment. It is becoming 
infrastructure that institutional capital intends to use. Cover image from 
ChatGPT, ETHUSD chart from Tradingview

Morpho, a decentralized lending protocol operating on Ethereum, HyperEVM, and other blockchains currently holding $6.6 billion in total value locked, has raised $175 million in a funding round led by Paradigm, Ribbit Capital, and Andreessen Horowitz&#8217;s digital assets arm a16z crypto — valuing the protocol at up to $2 billion and positioning it for an &#8230;

Ethereum DeFi Protocol That Just Raised $175 Million From a16z And Paradigm Has A Bold Message For Wall Street

The prolonged blockade risks escalating economic instability, impacting global 
oil markets and cryptocurrency valuations, while straining US-Iran relations.
The post Trump says US will maintain blockade of Iranian ports until deal 
reached appeared first on Crypto Briefing.

The prolonged blockade risks escalating economic instability, impacting global oil markets and cryptocurrency valuations, while straining US-Iran relations. The post Trump says US will maintain blockade of Iranian ports until deal reached appeared first on Crypto Briefing.

Trump says US will maintain blockade of Iranian ports until deal reached

Iran&#8217;s warning highlights the fragile balance in Middle East geopolitics, with 
potential for broader regional conflict impacting global stability.
The post Iran ends military operations against Israel, warns of harsher 
retaliation if Lebanon is attacked appeared first on Crypto Briefing.

Iran&#8217;s warning highlights the fragile balance in Middle East geopolitics, with potential for broader regional conflict impacting global stability. The post Iran ends military operations against Israel, warns of harsher retaliation if Lebanon is attacked appeared first on Crypto Briefing.

Ripple’s David Schwartz explains his XRPL role in verse

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